Studio Apartment in Stellenbosch Central

1 23 m²

Capitalize on Stellenbosch''s booming property market . Stellenbosch is a dynamic town renowned for housing the prestigious Stellenbosch University, one of South Africa''s top higher education institutions. The university is highly esteemed for its research and the exceptional quality of its scientists. Internationally, it is recognized as a hub of academic excellence and boasts the highest student success rate in the country. Due to its appeal, Stellenbosch has long been a favoured destination for property investors in South Africa. While student life once centred around university residences, many students now prefer private accommodations. Given the long-standing demand for student housing, properties catering to this market present a consistent and promising investment opportunity.

Larez is a residential complex offering a comprehensive living experience with amenities designed to meet the needs and preferences of its residents. A notable feature of Larez is its basement parking, providing secure parking with quick access to the building. Security is paramount, with 24/7 security guards patrolling the premises, as well as access control and CCTV cameras throughout the building. These measures ensure a safe and comfortable environment for residents. Larez also offers on-site management, maintenance and rental services to make life as easy as possible for its residents. For those leading an active lifestyle, a communal gym is available, allowing residents to stay fit without leaving the premises. Communal laundry facilities add convenience, saving time and effort, while communal braai facilities provide a social space. Additionally, cleaning services are available on request. In the digital age, access to the internet is crucial and Larez provides uncapped Wi-Fi at a competitive monthly rate, enabling residents to stay connected and work from home. The location is another advantage, situated just 5 minutes from Stellenbosch Central and the university. This proximity allows residents to easily access the town''s vibrant culture, educational institutions and commercial areas, making Larez a convenient choice for both students and professionals. The rental yields are a key attraction for investors, promising substantial returns on investment. With no transfer duties payable at the given price, this property offer becomes even more appealing. Securing accommodation in Stellenbosch for the upcoming year is highly recommended, and this apartment provides an excellent opportunity to do so.

Property details

  • Listing number T4688688
  • Property type Apartment
  • Listing date 27 Jun 2024
  • Floor size 23 m²
  • Rates and taxes R 122
  • Levies R 1 273

Property features

  • Bedrooms 0
  • Bathrooms 1
  • Access gate
  • Balcony
  • Gym
  • Kitchen
  • Garden

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